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26.5% tariff gap splits apparel sourcing ahead of July 24 reset

Four major footwear and apparel companies released their January–March **** results within five trading days. Crocs, Columbia Sportswear, Rocky Brands, and Gildan Activewear together show a clear split. Companies sourcing heavily from Vietnam paid much higher tariffs. Companies sourcing from Central America paid zero. The clock is tight: Section *** of the US Trade Act of ****, which currently imposes ** per cent surcharge on most US imports, expires at **:** a.m. EDT on July **, ****. Whatever replaces it will reset costs across the entire industry.

A tariff is a tax that importers pay when goods enter the US.